Public Storage Deploys $12B in Five Years as Homebuilder M&A Accelerates Amid Tax Headwinds
Public Storage has deployed $12 billion in acquisitions over five years, now elevating Paul Spittle to lead a team that closed $10 billion in private deals. Separately, Sumitomo Forestry is acquiring Tri Pointe Homes to create a scaled U.S. homebuilder platform, while income tax freezes and Social Security pressures weigh on household purchasing power.
ViaNews Editorial Team (Markets)•